Terms of Service Asic Sharing

§1

PPK Consulting LLC RAS AL KHAIMAH ECONOMIC ZONE (RAKEZ) Al Nakheel, Ras Al Khaimah, UAE Reg. Number 20230550 (further “Company) is selling to customers the product “ASIC SHARING PROGRAM” With the purchase of the “ASIC SHARING PROGRAM” product according to § 2,the buyer expressly and unconditionally agrees to the following rules and regulations.

§2

The Buyer purchases the respective package according to the current description on the Company’s website.

§3

The Buyer will pay the purchasing price for one or more packages of his choice as one-time payment, to receive share according to the conditions of the chosen package.

§4

The Buyer receives a share generated by the shared network and will receive a monthly statement of the calculated result based on his package.

§5

Payment according to the terms of the package is made no later than on the 10th calendar day of the following month. The first payment after the purchase of the package is made pro rata depending on the date of purchase.

§6

PPK Consulting LLC will transfer the Buyers share monthly from his account by wire in US Dollar to the account of the buyer or in BTC to the wallet of the buyer.

§7

All banking expenses and commission fees of the company bank are to be paid by the company, and all banking expenses and commission fees of the buyer’s bank are to be paid by the buyer. Correspondent Bank commission is to be paid by the buyer.

§8

Payment date is the date on which the sum, which should be paid, is transferred to the company account according to the bank documentation.

§9

The package agreement shall commence on the day of purchase and is valid for a period of 6 calendar months after its entry into force. The package agreement ends automatically after 6 calendar months. Upon expiry of this agreement, all claims of the buyer for further payments by the company expire.

§10

The package agreement may be terminated by either Party by giving thirty (30) calendar days written notice of such termination to the other Party in the event of a material breach by the other party. “Material breach” shall include: any violation of the terms of articles any other breach that a party has failed to cure within thirty (30) calendar days after receipt of written notice by the other party, an act of gross negligence or wilful misconduct of a party, or the insolvency, liquidation or bankruptcy of a Party.

§11

In the event of expiration or termination of this agreement pursuant to any of articles above, company shall not have any obligation to buyer, or to any employee of buyer, for compensation or for damages of any kind, whether on account of the loss by buyer or such employee of present or prospective sales, investments, compensation or goodwill. Investor, for itself and on behalf of each of its employees, hereby waives any rights which may be granted to it or them under applicable law or otherwise which are not granted to it or them by this agreement.

§12

The company may at any time buy out the company’s obligations to the buyer under this agreement and terminate this agreement by paying the Buyer an amount equal to package price according to package agreement.

§13

In the event of full and incident-free fulfilment of the contract by the buyer, the company grants the following guarantee:
If the cumulative amount of the 6 monthly payments to the buyer is less than the package price, the company agrees to refund the existing difference. The payment is calculated according to the following scheme:
Purchasing amount – total of 6 buyers revenue share= reimbursement amount
This guarantee will be checked, settled and paid out within 20 working days of being asserted by the Buyer.

§14

The buyer does not acquire any ownership or ownership rights to the ASICS of the shared network. He only acquires the right to a share achieved through the ASICS in the shared network according to package conditions. The buyer has no right to issue instructions or decisions in relation to locations, operational work, fees. He has no right to issue instructions to employees, operators, or customers of the company.

§15

The company is responsible for the operational and administrative operation of the ASICS. For this purpose, the company can use service providers, operators and other third parties without the buyer’s approval.
In the case of technical problems of the ASIC network, which cannot be resolved within 10 working days after becoming known, the buyer will receive a change of his package to another ASIC network without additional costs.

§16

The company is not liable or responsible for the business success. No revenue or profit guarantees are given to the buyer.
The buyer expressly accepts no liability whatsoever for losses or damage resulting from the operation of the ASIC network.

§17

The buyer is solely responsible for compliance with the relevant tax laws and other legal regulations in his home country. The company expressly points out that income from this contract is usually subject to income tax.

§18

The Buyer agrees (a) to use all confidential information only to the extent necessary to enable the buyer to assess the buyer`s purchased “Share package” in monthly share amount; (b) not to disclose or provide any confidential information to any person or entity without the company’s prior written consent; and (c) not to copy or reproduce any of the confidential information. Ownership of all right, title and interest in the confidential information shall always remain with the company, and nothing in the package agreement shall give any right, title, or interest in, or licence to, any such confidential information to the buyer (or any other person or entity).

§19

All notices and other communications hereunder shall be in writing and shall be deemed duly delivered if delivered personally (upon receipt), or one (1) business day after being delivered by a recognized overnight delivery service, or upon transmission, if sent via electronic mail (with confirmation of receipt). Notices to each party shall be addressed as follows:
if to the company, to: asicsharing@minercontrol.de
if to the Buyer, to: to e mail address which was presented in purchasing process
Either party may specify a different address for notices to be sent by providing at least five (5) days‘ prior written notice of such change in address to the other party.

§20

The buyer hereby agrees that the company may deliver all notices, financial statements, tax reports, valuations, reports, reviews, analyses or other materials, and any and all other documents, information and communications concerning the affairs of the company, including, without limitation, information about the purchase, required or permitted to be provided to the buyer under the agreement or hereunder by means of e-mail or by posting on an electronic message board or by other means of electronic communication. By entering into the package agreement, the buyer consents to receive electronically all documents, communications, notices, contracts, and agreements arising from or relating in any way to the Buyer’s or the Company’s rights, obligations or services under this Agreement.

§21

In case any provision contained in these Terms and Conditions should be invalid, illegal, or unenforceable in any respect, the validity, legality, and enforceability of the remaining provisions contained herein shall not in any way be affected or impaired thereby.

§22

The rights and benefits of this Agreement shall insure to the benefit of, and be enforceable by, the parties’ successors and assigns. The rights and obligations of the Buyer under this Agreement may only be assigned with the prior written consent of the Company.

§23

This Agreement shall be governed by, and construed in accordance with, the laws of UNited Arab Emirates, without giving effect to the principles of conflicts of law.

§24

This Agreement may be executed in two counterparts, each of which shall constitute an original, but all of which, when taken together, shall constitute one instrument, and shall become effective when one or more counterparts have been signed by each party hereto and delivered to the other party.

§25

All disputes arising out of or relating to this agreement are to be settled by negotiation between the Parties.
If the Parties cannot reach an agreement, disputes must be passed for examination and final decision in the Economic Court in London, England in accordance with the rules of the procedures in this court, with final decision, which is mandatory for both Parties. In this case substantial law will be used.
The Parties agreed that they are personally and directly responsible for the performance of the obligations under the agreement and that any claim or other legal demand cannot be made to the state of Ukraine and any other country or to any individual authority for the non-performance or improper performance of the obligations under the agreement.

§26

Parties considered to be not responsible for complete or partial non-performance of their obligations under the Agreement. In the case if this is caused by force majeure events, such as fire, flood, earthquake, and other natural disasters, same as strike, military actions, acts of government authorities that directly forbid or limit any actions stipulated by the agreement. In such a case date of performance by the Parties their obligations are extended for the whole period of duration the above-mentioned events.
The party for which it becomes impossible to meet obligations under this agreement is to notify in written registered form the other party of the beginning and/or termination of the force majeure events.
If the duration of these events lasts for more than 3 (three) months, either party hereto reserves the right to refuse to fulfil their obligations of the present agreement.

§27

The parties acknowledge that they will not have a right to litigate claims through a trial pursuant to the Arbitration Provision. The parties hereby knowingly and voluntarily waive their rights to litigate such claims in a court.

§28

THE BUYER UNDERSTANDS THAT THE PURCHASE CONTEMPLATED BY THIS AGREEMENT HAS NOT BEEN REVIEWED, APPROVED, OR DISAPPROVED BY THE SECURITIES AND EXCHANGE COMMISSION NOR HAS THE SECURITIES AND EXCHANGE COMMISSION OR ANY STATE SECURITIES COMMISSION.
THE BUYER ACKNOWLEDGES AND AGREES THAT IN MAKING AN PURCHASE DECISION, IT MUST RELY ON ITS OWN EXAMINATION OF THE COMPANY AND THE TERMS OF THE OFFERING, INCLUDING THE MERITS AND RISKS INVOLVED. THERE IS NO GUARANTEE OF RETURNS OR PROFITS.